However, as research from estate agents Countrywide demonstrates, there’s one factor which trumps all others.

People are moving out of London in record numbers

Broadly speaking, those who leave London – whether it’s a result of being priced out, or for other reasons – tend to stay in the South East of England.

The top five places to relocate are spread across the Home Counties, while Oxford and Luton are among the furthest north among the top 10.

Here’s the top 10 in full:

10. Luton

9. South Oxfordshire

8. Basildon

7. Oxford

6. Elmbridge

5. Canterbury

4. St Albans

3. Broxbourne

2. Thurrock

1. Slough

Yep, that’s right, the depressing home of The Office is where most people are heading when they decide to up sticks and get out of the capital.

A whopping 46% of all homes rented in Slough are to people who have moved there from London.

As the Telegraphreports - and anyone who lives here will just inherently know - London rents have risen higher than rents anywhere else in the country since 2012.

David Fell, an analyst at Countrywide, said: “London rents have risen more than anywhere else since 2012 so tenants can now get a lot more for their rent outside the capital, which is a big incentive to leave.”

Some are leaving the capital to move north, while some are leaving the UK altogether, but the majority are staying close to London.